Finovate Demo Video Archives

Free archive of every demo presented at Finovate since 2007

FinovateFall 2016 / Clinc

Presenter Profile:

How they describe themselves: Clinc is building the most advanced artificial intelligence (AI) platform on the planet to enhance human knowledge and understanding. Clinc’s mission is to lead the transformative shift in AI from research to commercialization, and our first product is a mobile financial advisor that integrates seamlessly into financial institutions’ mobile banking apps. Backed by years of experience building sophisticated AI systems, Clinc delivers tangible value for consumers and businesses. The co-founding team is comprised of four Michigan professors and researchers, highly-published and renowned for their work in building intelligent personal assistants and other core technologies for artificial intelligence.

How they describe their product/innovation: Consumers want simple, natural ways to deal with their finances. The BankCoach is the first intelligent financial assistant that allows users to talk to their bank accounts in a natural and conversational way, and get personalized answers to questions such as: “Did I get paid yet?”, “How much did I spend on that trip to Chicago?”, “What are your best mortgage rates?”, and “I think I dropped lots of money on bars this week. How much was that?”. Answers are delivered in natural language along with visuals to strengthen knowledge and understanding. Most importantly, Clinc is not based on user commands or hardcoded Q&A. Users can ask whatever they want and Clinc understands.

Product distribution strategy: Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed